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Change Healthcare System Hack
Change Healthcare is a health-tech company that provides thousands of pharmacies and healthcare insurance providers in the U.S. with tools that allow them to process claims and other essential payment and revenue management. Many electronic health records systems (EHRs) and platforms such as Alma and Headway, use Change healthcare systems.
On February 21, 2024, a cyberattack was launched by the ALPHV/Blackcat ransomware group against Change Healthcare’s systems, allowing them to breach their networks. Learn more about how this impacts mental health practices.
Making Clear the Corporate Transparency Act: Essential Information for Practitioners
The Corporate Transparency Act, which went into effect on January 1, 2024, is a federal regulation that will require businesses to submit beneficial ownership information (BOI) to the US Department of Treasury’s Financial Crimes Enforcement Network (FinCen). The Act aims to gather additional information about the ownership of specific business entities operating or engaging with the US market with the goal of combating illicit activities.
Advantages and Disadvantages of Artificial Intelligence and ChatGPTin the Healthcare World
Over the past few months, artificial intelligence (AI) has been making headlines, especially following the release of ChatGPT. Since its release in November 2022, ChatGPT has been used by individuals across various industries to aid with the creation of content such as copywriting and blogs. Its conversation-like approach to receiving and providing information to the user allows for instantaneous results that answer a specific prompt or action.
Are You Hip to the New Changes to the HIPAA Privacy Rule?
HIPAA and most laws—federal and state—change over time; some are even repealed. While we don't foresee HIPAA being repealed (if ever), we know it can and does get amended over time. Well, now is one of those times that HIPAA has been, once again, amended: the rules regarding the time limits required to comply with a client's request for records have been updated.